WASHINGTON — The Department of Housing and Urban Development has issued final disclosures for mortgage lenders to provide active duty homeowners in default.

Under the Servicemembers Civil Relief Act, debt incurred by a service member or jointly with a spouse prior to entering service will not carry an interest rate above 6% during the period of service; a court may stop legal action or adjust the debt against real estate filed during or up to 90 days after service; and the sale, foreclosure, or seizure of real estate shall not be valid if it occurs during, or within 90 days after the service member’s military service unless the creditor has obtained a court order. The disclosure also advises that the SCRA provides other non-mortgage protections as well.

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